Q: What does a health insurance agent do?

A health insurance agent does insurance plans. In particular, they are trained insurance professionals who can help you enroll in a health insurance plan. Their duties include attracting new clients and answering their questions, helping clients choose the best policy, and making sure all legal requirements are met.

Q: Do insurance agents make a base salary?

No, insurance agents do not make a base salary. The vast majority of life insurance sales jobs are straight commission, which means no base salary. That's not to say that insurance agents do not make decent money.

Q: Do insurance agents make a base salary?

Yes, insurance agents make a base salary. The salaries of insurance agents are often made up of base salaries plus commissions and bonuses. The base salary for insurance agents ranges from $47,698 to $58,914, with an average base salary of $52,226 a year. Other factors, such as the type of insurance agent (independent vs. captive), impact base pay.

Q: Do health insurance agents make good money?

Yes, insurance agents can make good money. Health insurance agents make around $55,653 a year. However, some make as high as $120,000 a year. Type of insurance agent and earning potential:

Question 1

How long does it take to get a health insurance license?

Accepted Answer

It takes between two to eight weeks to get a health insurance license. To obtain a state-issued license requires a series of steps, including fingerprinting and a background check, as well as some course work and an exam.

Question 2

How much do health insurance agents make?

Accepted Answer

A health insurance agent makes around $55,653 a year ($27 an hour). There's a good deal of variability in earning potential, however. The range can begin as low as $15,499 a year ($7.94 an hour) to as high as $120,000 a year ($57.93 an hour).

Question 3

How much does it cost to become a licensed insurance agent?

Accepted Answer

To become a licensed insurance agent costs between $30 to $200, plus a background check that could run around $30.

Depending on the state you apply in, you may be required to complete an insurance education course, and these courses can vary in price and content. Even if your state doesn't require an education course, many employers require it.

Question 4

How much money do health insurance agents make?

Accepted Answer

Health insurance agents make around $55,653 a year ($27 an hour). However, this can range from as low as $15,500 to as high as $120,000 a year. Factors such as location and type of health insurance agent impact how much money you can make.

Question 5

What does a health insurance agent do?

Accepted Answer

A health insurance agent does insurance plans. In particular, they are trained insurance professionals who can help you enroll in a health insurance plan.

Their duties include attracting new clients and answering their questions, helping clients choose the best policy, and making sure all legal requirements are met.

Question 6

What is a health insurance agent called?

Accepted Answer

A health insurance agent is sometimes called a health insurance broker, sales agent, captivity insurance agent, or independent insurance agent.

A health insurance broker is a licensed benefits professional who can help individuals and businesses manage the health insurance selection process from start to finish.

Question 7

What is the commission rate for health insurance agents?

Accepted Answer

The commission rate for health insurance agents is between 40% to 100% of the first-year premium and 1% to 2% for renewals. Including base pay and commission, a health insurance agent averages a total of $50,600 but can reach as high as $120,000, thanks to the earning potential of your commission.

Question 8

Do insurance agents make a base salary?

Accepted Answer

No, insurance agents do not make a base salary. The vast majority of life insurance sales jobs are straight commission, which means no base salary. That's not to say that insurance agents do not make decent money.

Question 9

Do insurance agents make a base salary?

Accepted Answer

Yes, insurance agents make a base salary. The salaries of insurance agents are often made up of base salaries plus commissions and bonuses.

The base salary for insurance agents ranges from $47,698 to $58,914, with an average base salary of $52,226 a year. Other factors, such as the type of insurance agent (independent vs. captive), impact base pay.

Question 10

Do health insurance agents make good money?

Accepted Answer

Yes, insurance agents can make good money. Health insurance agents make around $55,653 a year. However, some make as high as $120,000 a year.

Type of insurance agent and earning potential:

Question 11

Do insurance agents make good money?

Accepted Answer

Yes, insurance agents make good money. The national average pay for an insurance agent is $79,730 a year. However, it can vary widely, starting as little as $20,000 a year to as much as $174,000 a year.

Question 12

How much do licensed health insurance agents make?

Accepted Answer

Licensed health insurance agents make $59,965 per year. With a salary range, however, between $17,000 per year and $188,000 per year. Factors such as location and type of health insurance agent impact how much money you can make.

Question 13

Is being an insurance agent a stressful job?

Accepted Answer

No, being an insurance agent is not a stressful job. Working as an insurance agent gives you many options and flexibility in what you want to specialize in. Also, as an insurance agent, you have several options for employment, including working for yourself.

Question 14

How do I write a resume for healthcare?

Accepted Answer

You write a resume for healthcare by highlighting your skills and experience as a healthcare professional. The entire resume (from the profile summary to work experience to skills section) should showcase to the hiring manager why you would make an excellent candidate.

Question 15

How do you describe a life insurance agent job on a resume?

Accepted Answer

You describe a life insurance agent job on a resume by highlighting your experience and accomplishments related to successfully selling policies that are paid out to beneficiaries upon the insured's death.

Frequently asked questions about health insurance agents

Questions About Becoming a Health Insurance Agent

How long does it take to get a health insurance license?

How much do health insurance agents make?

How much does it cost to become a licensed insurance agent?

How much money do health insurance agents make?

What does a health insurance agent do?

What is a health insurance agent called?

What is the commission rate for health insurance agents?

Questions About Health Insurance Agent Salaries

Do insurance agents make a base salary?

Do insurance agents make a base salary?

Questions About Health Insurance Agent Jobs

Do health insurance agents make good money?

Do insurance agents make good money?

How much do licensed health insurance agents make?

Is being an insurance agent a stressful job?

Questions About Health Insurance Agent Resume

How do I write a resume for healthcare?

How do you describe a life insurance agent job on a resume?